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Misleading fear campaigns may kill Labor’s superannuation changes. But here are the real numbers | Greg Jericho
Australia’s superannuation is a broken system that works to give the richest 10% over $20bn a year in tax breaks, while nearly a quarter of retirees live in poverty due to the miserable level of the age pension. The government is trying to reduce some of the most egregious abuses …
Trump threatens 10% tariff on China and considers EU levy
Ordering an investigation into US-China trade on his second day in office, Trump …
The Spin | Long hops? How one local cricket club is brewing their own beer
The link between cricket clubs and beer is long and not always frothy. Some have held real-ale festivals on site, others have split over bitter disputes around bar takings, many more are kept in business by the thirst of their patrons. But very few – if any – grow their …
UK rail passengers to get new government-backed train ticket website
Waitrose brings back free coffee for shoppers without need to buy anything
Waitrose is once again planning to use the lure of free coffee to entice shoppers into its stores, even if they do not make a purchase.
In an effort to outflank arch-rival Marks & Spencer in the battle for the middle-class grocery shopper, the supermarket chain is bringing back free …
UK to offer new visas for AI and life science workers, says Reeves
The UK government will publish an immigration white paper later this year including proposals to introduce visas aimed at high-skilled workers as part of its push to kickstart growth, Rachel Reeves has announced.
The chancellor told a breakfast event at the World Economic Forum in Davos: “We are going to …
UK borrowing unexpectedly jumps, piling pressure on Rachel Reeves
The cost of UK government borrowing unexpectedly jumped to £17.8bn last month, piling pressure on Rachel Reeves to plan budget cuts before a spending review in the summer.
The figure was about a quarter higher than the City had forecast and was up by £10.1bn more than in the same …
Lloyd’s Register apologises for its role in trafficking enslaved people from Africa
Lloyd’s Register, the maritime and industrial group owned by one of Britain’s biggest charities, has apologised for its role in the trafficking of enslaved African people but has been criticised for not going far enough.
Founded in 1760 as the Society for the Registry of Shipping by merchants and underwriters …
Influence of super rich on Donald Trump threatens democracy, say Patriotic Millionaires
The influence of the super rich on Donald Trump’s presidency is a threat to global stability, a new poll of millionaires has found.
A survey of more than 2,000 millionaires across G20 countries published by the Patriotic Millionaires group has found more than half believe extreme wealth concentration is a …
China’s economic need and soft diplomacy spur about-face on visa-free entry
A few years ago, getting a visa to visit China was a “ball ache”, says Kate Murray. The Australian was going for a four-day trade show, but the visa required a formal invitation from the organisers and what felt like “a thousand forms”.
“They wanted so many details about your …